The 21-year-old scored five goals in 40 appearances for the Biancocelesti last season, though he was mostly utilised on the flanks.
According to Mundo Deportivo, Los Blancos want to secure Balde's signature and then allow manager Zinedine Zidane to decide how he wishes to use the Senegal international.
Born in Catalonia, Balde came through Barcelona's youth academy.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| C | Real Madrid | 38 | 29 | 8 | 1 | 87 | 26 | 61 | 95 |
| 2 | Barcelona | 38 | 26 | 7 | 5 | 79 | 44 | 35 | 85 |
| 3 | GironaGirona | 38 | 25 | 6 | 7 | 85 | 46 | 39 | 81 |
| 4 | Atletico MadridAtletico | 38 | 24 | 4 | 10 | 70 | 43 | 27 | 76 |
| 5 | Athletic Bilbao | 38 | 19 | 11 | 8 | 61 | 37 | 24 | 68 |
| 6 | Real Sociedad | 38 | 16 | 12 | 10 | 51 | 39 | 12 | 60 |
| 7 | Real BetisBetis | 38 | 14 | 15 | 9 | 48 | 45 | 3 | 57 |
| 8 | Villarreal | 38 | 14 | 11 | 13 | 65 | 65 | 0 | 53 |
| 9 | Valencia | 38 | 13 | 10 | 15 | 40 | 45 | -5 | 49 |
| 10 | AlavesAlaves | 38 | 12 | 10 | 16 | 36 | 46 | -10 | 46 |
| 11 | Osasuna | 38 | 12 | 9 | 17 | 45 | 56 | -11 | 45 |
| 12 | Getafe | 38 | 10 | 13 | 15 | 42 | 54 | -12 | 43 |
| 13 | Celta Vigo | 38 | 10 | 11 | 17 | 46 | 57 | -11 | 41 |
| 14 | Sevilla | 38 | 10 | 11 | 17 | 48 | 54 | -6 | 41 |
| 15 | Mallorca | 38 | 8 | 16 | 14 | 33 | 44 | -11 | 40 |
| 16 | Las PalmasLas Palmas | 38 | 10 | 10 | 18 | 33 | 47 | -14 | 40 |
| 17 | Rayo Vallecano | 38 | 8 | 14 | 16 | 29 | 48 | -19 | 38 |
| R | CadizCadiz | 38 | 6 | 15 | 17 | 26 | 55 | -29 | 33 |
| R | Almeria | 38 | 3 | 12 | 23 | 43 | 75 | -32 | 21 |
| R | Granada | 38 | 4 | 9 | 25 | 38 | 79 | -41 | 21 |
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